Renewable Energy Stocks with High ROCE

The table below shows Renewable Energy Stocks with High ROCE based on the Highest Market Capitalization.

What Are The Renewable Energy Stocks with High ROCE?

Renewable Energy stocks with high ROCE (Return on Capital Employed) are shares of companies in the clean energy sector that demonstrate efficient use of their capital to generate profits. These stocks typically represent firms with strong technological capabilities, diverse energy portfolios, and effective management in the growing renewable energy market.

High ROCE indicates that these companies are generating significant profits relative to the capital invested in their business. This efficiency can result from various factors, including advanced energy technologies, successful project developments, or strategic partnerships.

However, it’s important to note that ROCE is just one metric and should be considered alongside other financial and industry-specific factors. Investors should conduct thorough research and consider various aspects before making investment decisions in the renewable energy sector.

Features Of Renewable Energy Stocks with High ROCE

The main features of Renewable Energy stocks with high ROCE include technological innovation, diverse energy portfolios, efficient project management, strong government support, and effective capital allocation. These characteristics contribute to their ability to generate high returns on invested capital.

• Technological Innovation: High ROCE renewable energy companies often lead in developing advanced clean energy technologies. This innovation helps maintain a competitive edge and improves efficiency in energy generation.

• Diverse Energy Portfolio: These companies typically have a mix of renewable energy sources. This may include solar, wind, hydro, or biomass, providing diversification and stability in energy production.

• Efficient Project Management: Successful execution of renewable energy projects is crucial. Companies with high ROCE excel in managing project timelines, costs, and operational efficiency.

• Government Support: Many renewable energy firms benefit from supportive government policies. This can include subsidies, tax incentives, or favorable regulations that enhance profitability.

• Capital Allocation: Effective use of capital is key to high ROCE. This involves strategic investments in high-potential projects, research and development, and efficient operational scaling.

Best Renewable Energy Stocks with High ROCE

The table below shows the Best Renewable Energy Stocks with High ROCE based on 1 Year Return.

Top Renewable Energy Stocks with High ROCE in India

The table below shows the Top Renewable Energy Stocks with High ROCE in India based on the highest day Volume.

Factors To Consider When Investing In Renewable Energy Stocks with High ROCE

When investing in Renewable Energy stocks with high ROCE, consider the company’s technological capabilities, project pipeline, and market positioning. Evaluate their ability to adapt to changing energy policies and capitalize on the growing demand for clean energy. Also, assess their track record of maintaining high ROCE over time.

Analyze industry trends affecting renewable energy, including advancements in energy storage, grid integration challenges, and shifts in global energy policies. Consider the company’s positioning in these evolving market dynamics and its strategy for addressing technological and regulatory challenges.

Examine the company’s financial metrics beyond ROCE, including revenue growth, debt levels, and cash flow generation. Consider their ability to maintain high returns while investing in new technologies and expanding their energy production capacity.

How To Invest In Renewable Energy Stocks with High ROCE?

To invest in Renewable Energy stocks with high ROCE, start by researching companies with consistently high ROCE figures. Use financial websites or stock screeners to identify these stocks. Open an account with a reliable broker like Alice Blue to execute trades.

Conduct thorough due diligence on the shortlisted companies. Analyze their financial statements, technology portfolios, project pipelines, and growth strategies. Consider consulting energy sector experts for insights on renewable energy trends and competitive dynamics.

Develop a diversified investment strategy. While focusing on high ROCE stocks, also consider other factors like valuation, growth potential, and risk. Implement a systematic investment plan to mitigate market timing risks.

Advantages Of Investing In Renewable Energy Stocks with High ROCE

The main advantages of investing in Renewable Energy stocks with high ROCE include exposure to clean energy growth, potential for high returns, environmental impact, technological innovation, and global market opportunities. These factors make them attractive for investors seeking quality stocks in the evolving energy sector.

• Clean Energy Exposure: These stocks offer exposure to the rapidly growing clean energy market, potentially benefiting from the global shift towards sustainable energy sources.

• High Growth Potential: The renewable energy sector is experiencing rapid growth, driven by increasing environmental concerns and supportive government policies worldwide.

• Environmental Impact: Investing in renewable energy stocks allows participation in addressing climate change, and aligning investments with environmental sustainability goals.

• Technological Advancements: High ROCE renewable energy companies often lead in innovation, offering investors exposure to cutting-edge clean energy technologies.

• Global Opportunities: Many renewable energy companies have international operations, providing exposure to global markets and diverse energy policies.

Risks Of Investing In Renewable Energy Stocks with High ROCE

The main risks of investing in Renewable Energy stocks with high ROCE include policy dependence, technological obsolescence, competition, capital intensity, and potential for ROCE decline. These factors can impact stock performance and require careful consideration.

• Policy Dependence: Renewable energy companies often rely on government support. Changes in energy policies or subsidy reductions can significantly impact profitability.

• Technological Risks: Rapid advancements in clean energy technology can quickly make existing systems obsolete, requiring constant innovation and investment.

• Competitive Pressures: The renewable energy sector is becoming increasingly competitive. This can lead to pricing pressures and reduced profit margins.

• Capital Intensity: Developing and scaling renewable energy projects requires significant capital investment, which can strain financial resources and impact ROCE.

• ROCE Sustainability: Maintaining high ROCE in a rapidly evolving industry can be challenging. Factors like increased competition or the need for significant technology investments may impact capital efficiency over time.

Introduction to Renewable Energy Stocks with High ROCE

SJVN Ltd

The Market Cap of SJVN Ltd is ₹56,923.08 crore. The stock’s 1-month return is 6.45%, while its 1-year return is 251.18%. It is currently 26.27% away from its 52-week high.

SJVN Limited, an India-based company, is primarily engaged in electricity generation, offering hydro, wind, and solar power. It also provides consultancy and transmission services. SJVN has diversified into wind power with projects like the 47.6 MW Khirvire Wind Power Project in Maharashtra and the 50 MW Sadla Wind Power Project in Gujarat.

The company operates three solar projects with a total installed capacity of 81.3 MW. SJVN’s businesses span thermal power, hydropower, wind power, solar power, power transmission, consultancy, and power trading, solidifying its presence in the energy sector.

Jaiprakash Power Ventures Ltd

The Market Cap of Jaiprakash Power Ventures Ltd is ₹14,015.32 crore. The stock’s 1-month return is 7.41%, while its 1-year return is 211.50%. It is currently 21.33% away from its 52-week high.

Jaiprakash Power Ventures Limited is engaged in thermal and hydropower generation, cement grinding, and captive coal mining. It operates the 400 MW Jaypee Vishnuprayag Hydro Electric Plant in Uttarakhand, the 1320 MW Jaypee Nigrie Super Thermal Power Plant in Madhya Pradesh, and the 500 MW Jaypee Bina Thermal Power Plant, also in Madhya Pradesh.

The company also runs a Cement Grinding Unit with a capacity of 2 MTPA in Singrauli, Madhya Pradesh. Its subsidiaries include Jaypee Powergrid Limited, Jaypee Arunachal Power Limited, Sangam Power Generation Company Limited, Jaypee Meghalaya Power Limited, and Bina Power Supply Limited, serving markets across various Indian states.

KPI Green Energy Ltd

The Market Cap of KPI Green Energy Ltd is ₹11,231.25 crore. The stock’s 1-month return is 0.35%, while its 1-year return is 309.85%. It is currently 14.95% away from its 52-week high.

KPI Green Energy Limited, an India-based solar power generation company, provides solar power through various business verticals. It develops, builds, owns, operates, and maintains solar power plants as an Independent Power Producer (IPP) and Captive Power Producer (CPP) under the brand name Solarism.

The company’s IPP segment develops and maintains grid-connected solar power projects, while its CPP segment sells these projects to customers. KPI Green Energy’s plants are located in Gujarat, and the company also offers operation and maintenance services and sells land parcels for solar power plant development.

K.P. Energy Ltd

The Market Cap of K.P. Energy Ltd is ₹2,784.31 crore. The stock’s 1-month return is -2.70%, while its 1-year return is 360.52%. It is currently 21.03% away from its 52-week high.

K.P. Energy Limited, an India-based energy company, primarily develops wind farms, wind power projects, and allied services. The company also generates electricity through wind power assets and provides operation and maintenance services. It operates through three segments: Infrastructure Development, Sale of Power, and Operation & Maintenance Services.

The company’s activities include siting wind farms, acquiring lands and permits, engineering, procurement, construction, and commissioning (EPCC) of wind project infrastructure, and maintaining the entire balance of the plant of a utility-scale wind farm. K.P. Energy serves wind turbine manufacturers, independent power producers, captive users, and institutional investors.

Orient Green Power Company Ltd

The Market Cap of Orient Green Power Company Ltd is ₹2,064.42 crore. The stock’s 1-month return is 10.10%, while its 1-year return is 111.03%. It is currently 62.65% away from its 52-week high.

Orient Green Power Company Limited, an India-based company, specializes in power generation from renewable energy sources, primarily wind energy. The company has a wind asset portfolio of 402.3 MW across Tamil Nadu, Andhra Pradesh, Gujarat, and Karnataka, along with a 10.5 MW wind farm in Croatia.

The company’s subsidiaries include Beta Wind Farm Private Limited, Gamma Green Power Private Limited, Bharath Wind Farm Limited, Orient Green Power Europe BV, Amrit Environmental Technologies Private Limited, Orient Green Power (Maharashtra) Private Limited, Clarion Wind Farm Private Limited, Vjetro Elektrana Crno Brdo d.o.o, and Orient Green Power Doo.

Ujaas Energy Ltd

The Market Cap of Ujaas Energy Ltd is ₹461.22 crore. The stock’s 1-month return is 416.62%, while its 1-year return is 9956.89%. It is currently 0% away from its 52-week high.

Ujaas Energy Limited, an India-based company, provides solutions in the solar power sector, focusing on developing, operating, owning, and maintaining solar power plants under its brand UJAAS. Its segments include Solar Power Plant Operation, Manufacturing and Sale of Solar Power Plants, and Electric Vehicle (EV) solutions.

The company’s products include Ujaas Park, offering turnkey solutions for investors in solar power, Ujaas My Site for commercial organizations to install solar power systems, and Ujaas Home for residential solar products and services. Ujaas Energy caters to various market needs with its diverse portfolio.

Agni Green Power Ltd

The Market Cap of Agni Green Power Ltd is ₹117.21 crore. The stock’s 1-month return is -19.89%, while its 1-year return is 119.23%. It is currently 41.52% away from its 52-week high.

Agni Green Power Limited, an India-based solar photovoltaic (PV) contractor, engages in executing turn-key solar PV power plant projects, including design, engineering, supply, installation, commissioning, and maintenance for both stand-alone and grid-connected PV systems. The company offers comprehensive solar energy solutions and manufactures various solar sub-systems.

Agni Green Power provides engineering, procurement, and construction services, operations and maintenance services, and solar consultancy. Its product range includes solar power conditioning units, solar inverters, maximum power point tracking chargers, remote monitoring and diagnostic systems, photovoltaic junction boxes, control panels, solar pump controllers, and digital DC energy meters.

KKV Agro Powers Limited

The Market Cap of KKV Agro Powers Limited is ₹70.29 crore. The stock’s 1-month return is 0%, while its 1-year return is 45.88%. It is currently 10.08% away from its 52-week high.

KKV Agro Powers Limited, an India-based independent power producer (IPP), focuses on renewable power generation. The company develops, builds, owns, operates, and maintains utility-scale grid-connected solar and wind farm projects. It operates through two segments: Power Generation and Purification of Precious Metals.

KKV Agro Powers has an aggregate installed capacity of 10.6 MW, including 7.6 MW of wind energy and 3 MW of solar energy installations. Its plants are located in Tamil Nadu, covering areas like Pollachi, Tirunelveli, Palladam, and Kangeyam. The company also trades Renewable Energy Certificates (RECs) through TATA Power Trading Company Limited.

Top Renewable Energy Stocks with High ROCE – FAQs

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.